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Illinois Valley Times

Sunday, June 1, 2025

Former state school employee Clayton paid in $75K to teachers' pension fund, could collect $1.15M in retirement

Money 06

Former state school employee Debbie Clayton, who retired in June 2018, saved $75,273 toward a pension over 19 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Clayton would collect as much as $1.15 million, according to a projection by Local Government Information Services (LGIS), which publishes Illinois Valley Times.

The projection assumes Clayton received $24,229 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Clayton will have already received $101,366 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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